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. this is an amendment about energy, and as we all know, energy is a strategic resource for us. every member of our armed forces understands this and they understand it well. energy is essential to our national security mission. everybody knows you don't go out there and move in an aggressive way without good, solid energy supplies behind you. and having access to reliable energy supplies to protect our men and women in uniform is just absolutely essential, no matter where they may be in the world. it is critical to our nation that we have these good energy supplies. and each branch of the armed forces recognizes the importance of biofuels as a critical part of our energy needs. our military faces numerous logistical challenges with its dependence on fossil fuels. increasing diversification through investment and alternative fuels will help the military carry out its mission safely. and without the need to rely exclusively on foreign sources of you'll from countries who do not share our interests overseas. the amendment offered by senator toomey, the gentleman from pennsylvania, trades some short-term be
the natural gas reserves. the finance energy advisors immediately hopped on a plane to russia. move over, harrison ford, vladimir putin might be the hero of this story. "varney & company" is about to begin. and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> it's wednesday, march 20th, the first day of spring. well, the season may change, but the same winds are blowing in washington. the white house continues to insist on maximum pain from sequester cuts. we're seeing more cuts used for political reasons instead of cutting back on things we don't need. speaking of that, more nonsense from senator harry reid indirectly linking the blast that killed seven marines in nevada to the automatic defense cuts. listen. >> it's just not appropriate, mr. pre
leaks are shocking, the size and number. the fact that the department of energy did not know about this or they were not looking at the monitoring close enough or they did not disclose it to the public soon enough you >> officials -- soon enough. >> officials say the leaks pose no immediate danger. environmentalists want to see better oversight of the hanford cleanup effort >> which has been underway for two decades, at a cost of $2 billion per year. the nine nuclear read actors -- reactors turned out uranium for the nuclear weapons program, producing more than 60,000 warheads. the volume of waste is staggering. of solidubic meters nuclear waste. nearly 4 million liters of liquid have leaked, it enough to fill 20,000 bathtubs. the u.s. department of energy turned down al jazeera's request to film on the site. they also said no one we asked to interview the officials responsible for the cleanup -- no when we asked to interview the officials responsible for the cleanup. >> the state is extremely concerned that radioactive materials are being released in the environment. we expect the
. >> the tank leaks are shocking, the size and number of the thes, and the fact that department of energy did not know about this or they were looking at the monitoring close enough, or they didn't disclose it to the public soon enough. >> officials say the leaks pose no immediate danger to the environment or people in the area. environmentalists want to see better oversight of the hanford cleanup effort, which has been underway for two decades at a cost of $2 billion a year. throughout the cold war, hanford's nine nuclear reactors churned out plutonium for the u.s. nuclear weapons program, producing more than 60,000 warheads. the volume of waste left over is staggering. more than 200 million liters of radioactive liquid and 700,000 cubic meters of solid nuclear waste. over the years, nearly 4 million liters of liquid have leaked, enough to fill 20,000 bathtubs. >> the u.s. department of energy turned down al jazeera's request to film on the site and they also said no when we asked to interview responsible officials. the department said they are committed to safely cleaning up the site and is
agree with you, stuart. fantastic ideas, he's got energy and brings his neuro surgical background to the political table so people say what's that got to do with it, i don't know, the committee organizing has to do with politician, there's no political background, but the guy is refreshing, he's smart, he sees it and he speaks what most conservatives want to hear, that it's about smaller government not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it really wasn't what they told us. stuart: you know, dr. carson is using pretty tough language and saying that the president is ruining the country. he uses that word, ruining. now he delivers it in a
. find out which one you may want to hop aboard. >>> plus, game changer? sanchez energy made news today by staking its claim in the oil-rich section of texas. could this fresh face in the domestic energy space fuel growth for your future? all coming up on "mad money." don't miss a second of "mad money." follow @jim cramer on twitter. have a question? tweet cramer #mad tweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney@cnbc.com. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connect
. the energy transfers to the coast tonight and into tomorrow. new york will see some snowflak snowflakes, then it changes over to rain. boston, you'll see about a half foot of snow, some of the higher elevations in the northeast about a foot. after all this, it is all cold. spring will have to wait a while. >> from weather channel headquarters which for a time was under a tornado warning today, eric fisher. eric, thanks. >>> rain coming out of this same storm system could be helpful in tennessee tonight where a forest fire has burned through 230 acres of great smoky mountains national park. firefighters believe it started as a house fire around this time yesterday, and then 65 structures, including more than two dozen vacation cabins, were destroyed by this unusual late winter blaze. >>> in south bend, indiana, federal investigators looking through the wreckage of a beechcrabeec beechcraft private jet crashed into a neighborhood on sunday. it killed two poeceople on boar including steven davis who led the oklahoma sooners to back-to-back championships in 1991. >>> the latest european nat
off the russian talks just yet. we also understand that the separate energy minister is now in moscow as well. he is a very important man because cyprus has recently discovered natural gas. i understand that the finance minister will have more meetings later, so bear in mind that the russian situation is not closed, but meetings have been going on this afternoon. we understand the president is working on a bill to limit money leaving cyprus and extending the bank closures in the short term. the banks will be closed on thursday and friday according to your peace there, but it will likely be closed thursday, friday, saturday, sunday, monday, and tuesday. by tuesday, we are looking at 10 days of closure. there is also some speculation that state pension funds may be rated in this revised plan, this so-called plan b, and we understand that some kind of cobbled plan will be presented to the troika tomorrow, but it is a fluid situation. things are moving literally by the minute here, but we understand the president does have another meeting in the morning and that he may actually say someth
'm a shareholder in the company. so i want you to know that. but clean energy fuels and they have done a tremendous job. ey will have i conjunction with pilot flying j, who are the biggt truck stop operators in the united states, they will have 150 stations on the interstate by the end of this year. so, it's happening and the chinese are seeing opportunity so they're going to try to move in on it. melissa: it is definitely happening. i look at like nearly half of all the garbage troubles operate here in the u.s. run on natural gas. we areeeing a lot of fleets transferred over because of carbon emissions. especially because of the fracking boom, we are seeing so much natural gas out there. let me ask you, are you making money on this so far? i mean has it reached critical mass to the point where it is returning profits to you? >> you aren't at the level where you're making a lot of money, but for instance, clean energy fuels, they have plowed everything back into the infrastructure. so, yes, if they stopped building, they would immediately start making money but, otherwise they are putting it back i
of energy conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will save the u.s., that is not only thing that u.s. nee right now, we not only have a jobs problem. ne
. in addition, energy continues to look attractive. so, again, a very pro-cyclical stance, but one we think is very appealing from a value situation standpoint. >> okay. and in terms of sectors leading growth, same question to you both. what do you think? >> we're going to add on to that list. things like the regional financials the that have exposure to the reshoring of manufacturing and the energy sector. i think energy drives a lot of interesting peripheral activity. strengthen the rails and other transports, we think will also be beneficiaries here, as well as infrastructure play as well as mlps. >> do you agree with that? >> i like health care, but i also like consumer, and even though the consumer doesn't have as much confidence as they had before, i think in terms of upside versus downside, that's a place that i'm looking. and when you have a company like footlocker that's trading at 5.5 times ebitda, how much lower can it really go? big lots, same thing. there are a lot of these names that have been beaten up that don't have a lot of downside risk, that have a lot of upside potentia
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on immigration and energy, deals with gun control however it gets dealt with and thin waits to do a grand bargain deal after the mid terms on the hope that his party has success in the mid terms and he can strike a deal on better economy and more favorable terms in congress. >>ose: i thought that's exactly wh i sa. will not make a decision now and will have a hard bargain. the only thing we seem to differ is whether the republicans will be blamed. >> i didn't mean to say i disagree with you except to say it's not giving up on the next year and-a-half because you do, immigration and energy. the president's got his eye on his big promises and immigration and energy are two of the big promises. if he can move along on fiscal stuff, get a sense of where the bargain lies on tax reform, corporate and iividual, gets a sensof h omacare is working and what an overhaul of obamacare would mean. he can move those things along. get immigration and energy out of the way. there's only so much bandwidth at any given time. get those out of the way so they are not dealt with and get the fiscal stuff after. >> ros
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've got one we really need. >> absolutely. >> does the american action forum say anything on energy policy? we've had somebody on our program yesterday use today run shell oil. he says, look, if we get out there and get the energy that is ours, underneath our territory, you could set off a boom. he mentioned 7% growth. >> yes. >> to the american action forum say anything about that? >> we certainly look at the huge amount of regulations that have piled up on top of the energy industry the past couple of years and i think if you can alleviate a lot of that regulatory burden and let the private sector in energy grow and thrive, let us become more energy independent you're certainly going to see growth. >> the big problem is, i agree with your entire philosophy, but it lost the last election, or did it? i mean, what lost the last election? that's a good question. i hope you can come back and see us, appreciate you being here. >> thank you very much. stuart: let's see it's now 9:47, almost 48. the gold report we're above $1,600 per ounce, down just a fraction today. how about this? minimum wag
energy names. those names are red today. nicole? >> i'm going to show you the energy index, down there while gold, for example, is higher. mostly going to gring you to transocean to show you that it's one of the losers here, and we've seen all of these energy names with down arrows, but we're walking here to transocean, which, right now, is down 1.8%. you can see it there. that's certainly one of the laggards. we are seeing energy names under pressure, and a lot of the other names, devon, exxon, and they are lower. what's interesting about transocean, in particular, you may remember the chief executive of the company that owned the drilling rig that exploded in the gulf of mexico back in 2010 says the employees, quote, should have done more to avert that disaster, and don't forget, it killed 11 workers and caused the in this nation's worst offsl spill. the energy names are hurt today. back to you. >> nicole, thank you. ♪ day two of the series "tax pain" focusing on the buffet rule, the 30% minimum tax rate on growth adjusted income over a million dollars, less charitable contri
them. there's a long shot plan to ask moscow for money in return for stakes in the banks and energy projects in cyprus. there was a lot of cash in cyprus so far the idea of rescuing that country>> future is very uncertain. it faces a payment to the u.s. next month and chinese auto makers looking to buy if is car theish oo you here is tax payer loans are contingent upon building cars at the former gm plant in the u.s. in delaware. that was supposed to create thousands of american jobs but so far has created none. potential chinese buyers balking at the idea to build here in the u.s. it is uncertain if the white house will change it for that reason asewn. fox business network, lauren simonetti, thank you. >>> are you looking to get ahead in your career? it may be as simple as setting a date and writing it down. kate upton could be a lot of men's dreamgirl. one teenager is hoping she is the dream date for the prom. did she say yes? ÷÷ music ... music ... music... >> 20 after the hour. the fda is scrapping the cigarette warnings. they are abandoning a legal battle to have cigarettes
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." i'm larry kudlow, in half hour, the situation in cyprus is on the edge of the abyss, if russia did not bail them out, their economy will implode and they will be forced out of the euro economy entirely. and senator kelly ayotte is looking to get a budget deal without more spending and taxes and i want to know if the so-called gop reforms are going to split the party in two or make it more inclusive. senators working against a needless missile to nowhere program that she will explain to us. ben bernanke is keeping his foot firmly on the qe gas pedal or did he? please take a listen. >> we are seeing improvement. i think one thing we would need is to make sure that it's not a temporary improvement. so, we have seen periods before where we had as many as 30
and telecom were the top performing sectors while energy and consumer discretionary leg. gold settled higher for the fourth day in a row closing of the highest level so far this month rising .4% to end a. housing starts climbed last month as they are beating rising demand. new construction rose .8% from a month ago to an annualized rate of 917,000. lauren: we have larry in the pits of the cme and our market panel with managing partner there, and the founder and president, let's start with larry at the cme, this is a headline driven market, some people are saying cyprus with a teacup. and the meeting tomorrow, how do you put this all together? the market was obviously confused. larry: this is the bottom line, a ton of chatter, very little real news right now. the market had been in a stalemate for quite a while. some macro headlines coming through europe the last couple of weeks. we had italy and the unknowns there. i think the issue is much bigger than that. david: we have adobe earnings after hours, what are the numbers? >> it is a beat. $0.35 on revenue of $1.01 billion, expecting 986.04 m
is competitiveness. they are eager to look beyond to innocvation, energy, climate. there are not trying to talk about the cyprus issue alone. there was brief mentions saying that of course bureau stability -- euro stability is crucial. how do we get there to encourage growth and innovation? >> they have been distancing themselves from the planet. what else can you tell us? >> this tax on depositors and small depositors it was somehow the instigation of germany. german politicians have been pushing back on that. we heard two government spokespersons say, not at all. they say, not at all. we have heard a lot of criticism through the day from politicians at all across the spectrum saying a tax on small depositors is very question of land by no means were the german politicians satisfied with that part of it. >> melinda, thank you. let's take a look at market reaction. uncertainty over what this would mean for other banks in the euro zone prompting investors to sell off on monday, particularly banking stocks. we have the summary of the day's trading from the frankfurt stock exchange. >> traders have been
the latest moves in energy. >> there say lot of momentum here in the energy market and we're looking at brent crude prices that have risen from a three-month low and it looks like the gains that we're seeing in the oil market are mirroring what they're seeing in terms of the rebound in the euro and what we're seeing in the equity markets as well. the cyprus fears seemed to ease quite a bit. we'll continue to watch what will happen in the u.s. supply front when we do get the eia report on inventories out at 10:30 eastern time and we're also watching what's happening in the gold market because that will be susceptible to whatever move the fed will make and many traders anticipating to keep doing what they're doing and gold holding steady here and still above the 1600 level. the key, of course, will be breaking above the 1610 for the settlement and they keep saying that is what is needed to give the bulls the momentum to take gold prices much higher. back to you! sharon epperson for us. a technology company is making its wall street debut today. we're waiting for model n to begin trading and aft
when banks reopen on thursday. a russian energy company is looking to cash in on the gas problem is offering to bail out cyprus in exchange for the rights to explore for natural gas there. >> a stunning new report on mammograms this morning. researchers saying 60% of abnormal mammograms turn out not to be cancer and false positives can lead to unnecessary biopsies or even surgery. this is taking a serious mental toll on some patients. women who received a false positive report anxiety and depression three years after learning they're cancer-free. >>> don't even look at this. one week after mayor bloomberg lost his fight to ban big sodas, now he wants to ban the display of all tobacco products in stores. business owners would have to keep cigarettes under the counter or behind a curtain. this would make new york city the only city in this nation to do so. >> those are your headlines. >>steve: keep them in a brown paper wrapper. now we've got a story for you about a real political hacker. he's referred to -- or she is referred to as goose-ifer and has hacked into the friends accoun
included energy infrastructure, levies, and inland waterways. inland waterways getting a d-minus, barely above a failing grade. how, if you know, does the u.s. infrastructure compare with that of other countries? in some surveys, very poorly, i believe. >> well, what we do know is that our infrastructure is a part of our competitiveness in the world. if we want to be competitive we need to invest. we can look at things such as china investing some 9% in their infrastructure. europe investing 5% of their gdp in infrastructure. yet you look at the united states, and we're down around 2%. and that's about half of what we invested 50 years ago. >> what about bridges? where -- how -- you know, there have been major stories having to do with the safety of our bridges, that major collapse in minneapolis a few years ago, are they getting better or not? >> yes. they're actually getting better. they improved over our 2009 report card. again, reflecting an increase investment in bridges. we're seeing that around the nation as local leaders step up and start replacing bridges that need to be replace
off some things there. a bank. a maybe some energy rights. that has got a lot of folks in the west as you imagine, martha, very nervous. martha: they would love to get their hands on some of the oil in the area. what about the banks, what would the impact be on the banks and these account holders in them? >> reporter: that's what makes this all very nerve-wracking for a lot of folks especially people on the island that we are talking to. the atms are still working to some extent. you can get some money out of those. the bank cards are working as well but the banks themselves, they are closed. they were supposed to open tomorrow. looks like that is not going to happen. maybe not friday. maybe not until next week. when they do open they might limit the amount of money that folks can take out of those banks, all trying to prevent a run on those banks. the big worry, martha, of course is contagion. that there could be fears in other european countries the same kind of thing could happen there and there could be runs on those banks. so far, european union officials are relieved that the
will have oracle. connell: this company received nearly $200 million loan from the energy department hasn't provided any jobs yet and now laying off workers, so dan springer will come on and tell us what the latest is. dagen: here in the studio, mark burnett fro, executive pror of the hit miniseries "the bible." we will talk to him about satan, any resemblance to the president of the united states. we'll talk about world currencies and how they're holding up against the dollar today. i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> announcer: you never know when, but thieves can steal your identity and turn you
. financials led the decline all day long, but in the afternoon selling picked up in energy stocks, materials, consumer discretionaries. if you're watching oil prices this morning, you'll see at least at this point they are down by 16 cents, 93.58. the ten-year notoriety now is yielding 1.942%. let's take a look at the dollar this morning. you'll see it stronger against through at 1 is.2933. the dollar/yen is 95.35. the dollar up across theed board, except weaker against the pound right now. gold price ves barely budged a little weaker, down 2.60. $1,602 an ounce. >> it's now time for the global markets report. we're going to go across the pond to see kelly evans too give us an update on what the heck is going on over there. wa is going on over there? >> i can tell you, it's called plan b. if markets didn't like plan a, there might not be much to like the plan a. it's the cypriots that won't like this. it appears from reuters reviewing copy of a parliamentary draft, what the company is now going to do is try to exempt depositors with less than 20,000 in the bank entirely to those under 100,00
on their lives. commercial cooking energy like natural gas and electricity command more potential. simple, but effective measures would help address the problem. >> ventilation holes, chimneys, and clean stoves, fixed on an elevated surface. enough space for them to keep stock off would -- a stock of wood which would not get wet. >> most women would welcome any improvement. the country would reduce its disease burden.
more time, more energy and more flexibility; and if you want innovation, then you bring them all together. and i think a combination of those two things is the best way to support an institution, a culture, and a business. on the other hand, i am very concerned about it. i think the issue is that women are empowered. we do not- > sandberg you are talking about? > > yes. we do not get our power from men, we do not get our power from others, we do not have to accommodate or manipulate to become empowered. we do have the education, we have the experience, we have the knowledge, and we are empowered. so i believe that i am in opposition to the position of both of those two women. > let me ask you about sexism. there is blatant sexism in countries such as india or afghanistan- > > and the united states. > and the united states as well. would you say it's blatant still? > > it is still. > but not to that degree? > > it is not so blatant. but the discrimination exists, sexism exists. there are major, major issues- > do you see a day when there will be absolute equality? or is that to el
closer to new cures, harness new energy and have helped transform us in the high-tech homes of our global economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and floods come, our doctors and rest was reached out to help. when people are suffering, from africa to asia, we partnered to fight disease and overcome hunger. piecend together because must come to the holy land. for even as we are clear-eyed about the difficulties we never lose sight of the vision of israel at peace with its neighbors. so, as i began this is it let me say as clearly as we can, the united states of america stands with the state of israel because it is in our fundamental national security interests, it makes us both stronger, it makes us both a more prosperous, and it makes the world a better place. that is why -- [applause] the united states it was the very first nation to recognize the state of israel 65 years ago. that is why the star of david and the stars and stripes flying together today. that is why i am confident in declaring tha
of everything in europe. what do you think the impact will be on the u.s. today? >> i think we'll see add energy associated with the trade. they will probably be added participation and heightened volatility. i think that goes without saying. anyone who is going to tell you whether this is a buying opportunity or whether this will be a v-top opportunity is basically lying to you. i can't tell you that, either. i wish i could because i wouldn't be sitting in this chair if i could. but for the most part, again, i think you have to be aware of the fact that this has completely changed the game. and i think this goes without saying. the markets are reflecting that. one thing i'm shocked about is that we haven't seen an all-out sellout in terms of equity markets here. we have come off a bit, but holding key levels of support around that 1525 is a major level of support and we have yet to breach that yet. seeing some strength in the dollar coming off of that 83 level as of recent, but the euro currency is hurting below that 1.30 handle again. >> and yet we're showing you it's up 0.2%. this is hardly t
with their own energy independence. they could have done pipeline. they could have done their own exploration and instead they threat russians do it. the russians are the problem in the first place, so all these people put money in the banks there from russia, to the cypriate banks and the assets are too big and they don't pay for the services. no wonder it's going broke. >> kimberly: russians are smart. they're trying to take advantage of the situation. they will do something for you and you do something for us. like trump said, we'll help the other countries and troops there lose american lives. give us oil. what do we get back? business transaction. i don't admire it but i understand it. best thing about this weekend i got a cartoon thing with a leprechaun and had a pot, but no gold in it. what happened to your pot of gold? obama redistributed it. >> dana: i thought you'd say william devaney came to get it. >> greg: there is always a gun control argument in the american media that says gun advocates always talk about government tyranny. that is some kind of paranoid leftovers. we're in a c
to show where cyprus is. russian energy companies the biggest of them all is offering to bail out cyprus in exchange for gas exploration rights, according to the media there. they put out a statement saying they are happy to do the bail-out. a very rich company. of course, it's in russia's interest to make the pitch. the gas discovers, natural gas and the fields underneath the eastern mediterranean sea are said to be huge. 120 trillion cubic feet of recoverable natural gas. 20 billion-barrels of oil. equal to that, or 20 times the inventory of our petroleum reserve. >> which makes this confiscation all the more ridiculous. number one, if you are aiming for the russian aladarks you don't tax deposits under i think it's $13,000, that is not going to hit them. it will hit tradesman in cyprus, number one. second, if you think you can cleverly take the money away from people who are semily russian gangsters, without some kind of let's say retaliation of some sort, russia is now essentially saying to cyprus instead of tale stealing our money, can you give us your gas about you have k have it.
is the best way to make money off of it so you can hedge a higher energy bill for yourself, what stocks do you like? >> there are several ways to play it. companies that have not been able to break out, transcanada comes to mind. a division where lng is a big part of this equation. this could be huge exports for the u.s. if they could find a way to make it affordable and build more ships and terminals. of course there is the etf, people can look at that and primarily what we do is we trade options on futures and futures on the natural gas as well. for those who can handle a little bit more speculation. melissa: thank you for coming on. a lot of people talking about it and really agreeing with you, thank you for coming on to explain your theory and how to make money off of it. >> thank you, melissa. melissa: the cyprus helped to surge a selloff in the oil futures but eventually muscled its way back up $0.29. oil has climbed for seven of the past eight sessions. venezuelan opposition presidential candidate says he will and oil to cuba if elected. venezuela had given about 100,000 girls of crude
%, why not pay for solar energy and alternative energy development? why not pay -- if obama gets started on this -- >> joe and i have agreed that we're going to compensate -- what do you want to see, 20%? >> we'll start at 20. we'll start at 20. >> as we spend it all, we're going to need more. we're going to need the preschool, we're going to need solar energy. >> i thought i was completely wrong this what it was. >> it's an island, isn't it? >> it's an island. >> but it shows you how interconnected it is. >> i know. and fait accompli, he said i got there and is they were doing it. >> what if you found out that your bank got taken over by the fdic and the insurance that you thought protected your money was not there, that it was wrong? that's the problem. >> and by the way, 10% of your money is gone, too. >> explain to the eurozone just waking up exactly what -- >> carolin is going to do that supposedly when we throw to her. >> they have to do something. >> they follow twitter. >> did you wear your jacket last week? >> no. >> will you write down all of the key deferences for obama care f
do? this they want the russians coming in and seizing control of a big chunk of energy right in the center of europe? it is possible they will come in and say, you voted know on the bank seizure, maybe we'll give you a whole ton of cash anyway so you don't collapse and we'll keep the russians out. that is the kind of international intrigue going on right as we speak, martha. martha: yeah. >> one second. it is possible there will be a yes vote and those bank deposits will be seized. if that happened the russians would be mightily displeased because it is their money that will go to bailout and be seized for the bailout of cyprus. martha: stuart what's your feeling which way this would go? >> i think it will be a no vote and i think there's a real crunch --. martha: no to the bailout. what do they say to russia? >> in the long run, what do they say to russia. there is all this $30 billion of hot russian money in cyprus banks, some of it could be seized. on the other hand there is this offer, hey, don't worry about it. we'll bail you out, just give us oil and gas. does europe wa
criticized for being general, not specific. we're pressing him. he has three golden rules for energy. specific ideas. we're going to press him. what's the name of the show? 2:00 eastern. >> closing bell. >> the h lead variety hour. >> fast money is at 5:00 p.m. eastern time. it goes fast because it's so enjoyable. >> we'll see you on street signs. >> thank you. >>> if you're just joining us, good morning. this is cnbc. here's what you may have missed if you're just tuning in. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> the biggest threat that we're facing in the future is we still have 25 million people underemployed or unemployed. >> february starts the seasonalized, annualized adjusted rate. >> 7500 aircraft ordered this morning. all boeing 757. i think it's a good news day for boeing. >> i don't want to lose sight of the fact that people make money in the market. i don't want to get caught in an obsession with cypress while people make money in the market because then i'm not doing my job. there is a job to be done. would you rather see
about cyprus. when you look for a safe haven commodity on the energy complex, worried about a slowing economy in europe, oil will crash. usually natural gas gets the benefit because it's like a safe haven. on top of that, when you look at the natural gas market, power generators have gone to gas. they're not going back to coal, at least not for this year. why should they? they're going to get a lot of trouble from the e.p.a. so they're going to stick with gas towards the end of the year. other thing when we talk about natural gas, everybody is going to natural gas. this could be the beginning of a major long term move and that is why the hedge funds are jumping in, in a big way. this could be a long-term position and gas, one that we really like and one that they're adding on to today. 17 month high. back to you. cheryl: and one that big energy companies throughout this country like a lot as well. thank you very much. time to make man. looking at stocks. i follow this company. >> you love this company. cheryl: i do. it's a great company. >> they're hiring people. >> they're hiring peo
in the green, best buy as well as consol energy. laggards, helmeritch & paine. and finally. in the nasdaq. intuitive surgical. analysts saying upside potential outweighs downside risk over the next month months. back to you. >> thanks, josh. >>> we're heading toward the close. about 50 minutes left here. let's see if the markets will turn positive and finish that way for the day. right now the dow is down 23 points zblrjts coming up, we talk with former treasury secretary larry summers. he'll tell us what's worrying him about the bailout in cyprus. >>> the dogs of the dow strategy worked again, so far. last year's worst performer is its best now. hewlett-packard helping the dow weather the storm from europe. get this. the once beleaguered stock is this year's best performer. up 60% just this year. we'll talk about whether hp can stay red hot coming up. >>> noted banking analyst meredith whitney sees a tremendous buying opportunity in one big bank. we'll want to talk about bank of america, jpmorgan. which one does she like? stick around to find out when we speak to her exclusively at 4:10
.2 trillion on things like science, energy, the environment and education. also the cpc does not want to cut entitlements. and, wants to give unemployed americans 99 weeks of cash compensation. nearly two years. the question is what does president obama think of the congressional progressive caucus? my opinion, he likes it i don't think the president believes that crew is fanatical because they want what he wants. by the way, the far left kooks do want to cut one thing, defense spending. they want to bring that back down to 2006 level. somewhere in iran is cheering. there comes a point when americans are going to have to decide what country, what kind of country they want. even taking half of what affluent americans earn, feds couldn't possibly afford what the far left wants to provide. so we would eventually become greece or cyprus if the u.s. dollar collapses and people stop lending us money. some conservatives believe that's exactly what the far left wants. a collapse of the entire capitalistic system. some on the right believe that president obama is actively working toward that. certain
are legislating -- and i can also tell him where not going to carry on with a proposal made by the previous energy secretary which was about 179 pounds on everybody's bill. we decided to scrap that. >> ed miliband. [shouting] >> trento want to ask the primers about the situation in cyprus. can the prime minister update the house what is being done to protect the british nationals including our armed forces who have deposits in cyprus banks? >> the leader of the opposition raises and externally important issue, and a very sensitive and difficult time for the republic of cyprus. first of all on the issue of anyone who is in cyprus because they've been sent there by the british government in the armed forces, m.o.d., or the foreign office, we've guaranteed that they won't anyway lose out in terms of their earnings or their savings. that is the first thing to say. we've also sure that money will be available which is why a plane with the money was sent to cyprus last night. in terms of, in terms of british citizens in cyprus, assumed our many thousands, of course we cannot insure them against any loss
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